Earnings Per Share Trends for 5 Financials

xyin

http://bespokeinvest.typepad.com ... r-5-financials.html

Earnings Per Share Trends for 5 Financials

Just looking at the earnings per share estimate for a company heading prior to its quarterly report doesn't tell you much.  A more informative analysis is to look at how the estimates have changed throughout the quarter to see if analysts have gotten more positive or negative on earnings.  Below we highlight the trend in earnings estimates for five major financial firms -- Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America, and Citigroup.

As shown below, earnings per share estimates have risen for GS and JPM throughout the quarter, while they have fallen for MS, BAC, and C.  Goldman has seen its Q3 EPS estimate rise from $3.40 to $4.18, so GS is expected to knock the cover off the ball again this quarter.  With estimates up so much, however, a failure to meet or beat the $4.18 mark could spell doom for the stock.  Morgan Stanley's estimates have dropped from $0.50 down to $0.35, while Bank of America and Citigroup started the quarter with expectations for a loss and have only seen estimates fall lower and lower into negative territory.

silverado

thanks

dara

TO be honest,

This earning means nothing. JPM $0.51, so whole year is $2,  how can it worth $46 for a bank stock?

It is all depending on the big guys.

I still believe Finance sector is the key for future market.

stringzero

good post, just-in-time

cowboy11

thanks

test1test

if c and bac's earing estimate is down dramatically, why their stock price is still rocking.
no sense to read that.

ripplelet

Suckers ( C & BAC) still rally, wow~

zhongyuw

good point

ByStander

TO be honest,

This earning means nothing. JPM $0.51, so whole year is $2,  how can it worth $46 for a bank stock?

It is all depending on the big guys.

I still believe Finance sector is the ke ...
dara 发表于 2009-10-14 00:25

切，JMP至少收入还是在增加的。 你看BAC和C那两个SUCKER，预估收入每况愈下，股价倒在涨，这才是最扯的。